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National Pension Scheme, NPS National Pension Scheme (NPS), a government-sponsored pension scheme, was launched in January 2004 for government employees. It was opened to all sections in 2009. A subscriber can contribute regularly in a pension account during her working life, withdraw a part of the corpus in a lumpsum and use the remaining corpus ... Read more
What is Risk? Before we understand what Insurance is, let us understand what is “Risk”? The term “Risk” in financial term is defined as uncertainty concerning occurrence of loss. The “risk” as often used in situations where the probability of possible outcomes can be estimated with some accuracy, while “uncertainty” is used in situations where ... Read more
What is a Mutual Fund? In simple terms, a Mutual Funds is a professionally managed investment fund that pools money from many investors and invests the money different financial securities like stocks, bonds etc. in accordance with objectives as disclosed in offer document. Each investor in a mutual fund owns units of the fund at ... Read more
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